Research On Influence Of Private Placement On FHTX Companie's Business Performance

In 2006,the China securities regulatory commission issued the measures for the administration of securities issuance of listed companies for the first time consider should be brought into the law level.Because the private financing has low threshold,distribution of low cost,flexible pricing mechanism,raising the advantages of unlimited quickly got the favour of many distribution companies.Wind data show private equity refinancing of listed companies has become the most main way.But now consider reform practice just past ten years,new situations and new problems appear constantly,some companies to implement the purchase,business activities generated cash flow shortage problems in private placement of listed company and its business performance problem research has important practical significance.First of all,by analyzing and summing up relevant literature,this paper consider the field of relevant theoretical research results at home and abroad,and will consider the system background and the status quo to be analyzed.Again in the second,the enterprise's financial report such information as the main basis,choose balefire communication company as an example,using the method of combining theoretical research and case study,the operating performance of fire communication after the purchase to pay.Fire communications company performance good,but in recent years has been the implementation of the purchase,respectively in 2009 and 2012,respectively carried out an directional issuance,and in 2015 the implementation of the two directional issuance,and announced the new purchase plan in 2016.So to solve the problem of enterprise,this paper studies deeply the influence of private business performance to the company.This article mainly along the directional issuance may be cash flow problems this oneTrain of thought,analyze problems existing in the enterprise on the cash flow,and then respectively for communication after issuing financial performance,analyzes the capital market performance and evaluation,to explore the problems existing in the enterprise operation and management on how to influence the cash flow of the firm.Further analysis of the influence factors of enterprise operating performance,and to consider the influence enterprise operating performance paths are analyzed.In this paper,through the above study found that the business activities of enterprises cash flow shortage problem,there is inventory turnover and enterprise efficiency is low,low recovery efficiency of accounts receivable management problems,and how to solve these problems put forward relevant Suggestions,points out the balefire communication private place worthy of learning.Contribution of this paper lies in that the system analyzes the financial performance before and after the purchase,balefire communication and analyzes the private enterprises in the capital markets before and after the performance,and consider the impact on the enterprise assets structure and business structure,points out the practical problems existing in the enterprise,for investors to understand the company's operating and financial conditions,a better understanding of the enterprise development to provide the reference for the future.